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Petronsky, Inc. is considering the acquisition of a private German firm. The earnings of the German firm are C1o,000,0oo, and the average P/E ratio of
Petronsky, Inc. is considering the acquisition of a private German firm. The earnings of the German firm are C1o,000,0oo, and the average P/E ratio of publicly traded German firms in the same industry is 8 What is an estimate of the private German firm's market valuation? O a. 10,000,000 b. 1,250,000 c. 80,000,000 O d. None of these choices are correct
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